US Deducts Tariffs on India: Decoding the Economics of Trump Tariffs | India Today Debate

Описание: A panel of experts discusses the shifting legal landscape of the India-US trade deal following a landmark US Supreme Court verdict that struck down broad punitive tariffs. An unidentified speaker argues that India is now in a stronger position to leverage this ruling to renegotiate the proposed 18% tariff, which they describe as 'unfavorable' compared to the 10% global rate. The discussion highlights that while President Trump maintains the current framework is intact, the deal is not yet finalized, with negotiators set to meet in the US on 23 February. Another speaker emphasizes that the Prime Minister of Bharat has the authority to renegotiate as the deal is not yet operational. They point out 'utter confusion' in Washington DC regarding whether the 18% or the 10% global rate applies to India. The experts call for reciprocity in trade terms and urge the Indian government to seek clarity as the legal battle between the US President and the Supreme Court continues.

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